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Estimated Cost of Attendance

The cost of attendance (COA) is the cornerstone of establishing a student’s financial need as it sets a limit on the total aid that a student may receive. The COA is an estimate of a student’s educational expenses for the period of enrollment. Individual budgets are not established, but a COA is assigned based on various categories.

2012-2013 9 month Enrollment Period 

2012-2013
Dependent
Parent/Home
*

Other
**
Independent
Parent/Home

Other
Tuition
***
***
***
***
 Books/Supplies
 1000 1000
 1000  1000
 Room  0  7200  0  7200
 Board  4204 4204 4204  4204
 Transportation  2328 2328 2328 2328
 Medical  0  0  1226  1226
 Personal/Misc  1600 1600 1600 1600

*Parent Home category indicates you will live with your parents.

**Other indicates you will live in an apartment or one of the Residence Halls. The amounts shown for Room and Board are estimates using the highest priced UWM housing and meal plans. For actual rates visit University Housing.

***Tuition/Fees: Please substitute the appropriate tuition. The Financial Aid Office is using the estimates as listed in the ESTIMATED ANNUAL TUITION CHARGES chart below.

2012-2013 Estimated Annual Tuition Charges

2011-2012


 Resident Undergraduate Tuition*
 Based on 12-18 credits both semesters  $9,380
 Non-Resident Undergraduate Tuition*  Based on 12-18 credits both semesters  $19,088
 Resident Graduate Tuition  Based on 8 or more credits both semesters  $11,524
 Non-Resident Graduate Tuition  Based on 8 or more credits both semesters  $24,412

Other Categories should refer to the Bursar's Office website for the most recent Fee Schedule, http://www4.uwm.edu/bfs/depts/bursar/ .
*Includes an average charge of $65 per semester in Differential Tuition cost.

2012-2013 Loan Fees

2012-2013


Average Stafford Loan Fees Undergraduate $66
Average Stafford Loan Fees Graduate $142
Average PLUS (Parent Loan) Fees
$464
Average GRADUATE PLUS Fees Graduate $424

Please note that these are standard budgets based primarily on averages. If your tuition/fees, including Differential Tuition or other educational related expenses, exceed the standard budget amount, your budget can be reviewed and possibly adjusted based on documentation you submit.

See the links below for a printable version of the current year’s Estimated Cost of Attendance as well as prior years (which are sometimes needed for tax purposes.)

2012-2013 Estimated Cost of Attendance

2011-2012 Estimated Cost of Attendance

In addition, Financial aid regulations also allow an increase in the COA for:

  • The documented rental or purchase of a personal computer.
  • Costs expected to be incurred for dependent care for a student with dependents.

Documentation must be submitted to our office in order for these costs to be considered. Please note that, although this may allow us to increase your COA, that does not mean we would be able to offer you any additional financial assistance. However, it may allow you and/or a parent to request additional loan assistance through a Parent PLUS and/or Private Educational Loan to help pay for those expenses. Please review the links to the required documentation for additional information:

Computer Budget Increase Request

Day Care Expense Verification

Calculating Your Amount Due or Your Excess Cash by Semester

You will need to determine whether the financial aid you have been offered is sufficient to cover your educational expenses once you determine your own individual budget.

Worksheet available here.

Determining Need 

Federal methodology (FM) is used to determine an applicant's eligibility for aid. The Federal Government mandates formulas which measure a family's ability to pay for a post secondary education. Your EFC (estimated family contribution) is calculated using the information provided on the FAFSA.

The equation for determining need is:
Cost of Attendance - Family Contribution (determined by FM) = Financial Need (a student is eligible for this amount in need based financial assistance.)

The financial aid award assumes the student will be paying full-time fees. If this assumption is not accurate, the offer may be reduced. A student must be enrolled at least half-time to receive aid (except for PELL grant assistance.)

 
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